Finance

Swiss bank BancaStato has launched regulated cryptocurrency trading using digital asset bank Sygnum and banking software provider Avaloq. BancaStato, the cantonal bank serving Switzerland’s Italian-speaking Ticino region, joined Sygnum’s business-to-business (B2B) banking platform to offer crypto asset services, according to a Thursday announcement shared with Cointelegraph. The integration allows BancaStato customers to buy, sell and … Read more

The US Securities and Exchange Commission agreed to pay $150,000 in legal fees to settle a Coinbase lawsuit seeking internal records from the agency at the height of the Biden-era SEC crackdown on crypto.  The agreement, filed on Wednesday, ends a two-year lawsuit between the SEC and Coinbase, in which the crypto exchange sought internal … Read more

S&P Dow Jones Indices and Pantera Capital launched a digital asset index that tracks blockchain networks and protocols based on protocol revenue, marking a departure from crypto benchmarks built around market capitalization or token prices. The index draws from the S&P Cryptocurrency Broad Digital Asset Index but only includes assets that meet minimum thresholds for … Read more

An affiliate of the cryptocurrency-aligned political action committee (PAC) Fairshake is attempting to influence voters in a primary race for Michigan’s 13th congressional district, with about $1 million in media on the line. In filings with the US Federal Election Commission (FEC) as of Tuesday, the Protect Progress PAC had spent more than $986,000 on … Read more

SEC Commissioner Hester Peirce said crypto vaults and onchain lending products may fall under US securities laws, urging developers to assess whether products that actively manage user assets require regulatory compliance. In a statement published Wednesday, Peirce said crypto vaults and lending strategies that involve discretionary decisions, including allocating assets, selecting yield-generating activities, setting lending … Read more

The digital euro is one of Europe’s most contentious financial projects. Supporters see it as a way to preserve the bloc’s monetary sovereignty, reduce its reliance on foreign payment providers, and ensure central bank money survives in an online economy dominated by USD stablecoins. Critics, however, argue the digital euro could be a way for … Read more

Bitcoin (BTC) buyers are showing “better absorption” at $65,000 after Binance saw its largest net outflow in nearly two years. Key points: Bitcoin exchange outflows are back on the radar after Binance sees net 9,000 BTC daily withdrawals. Seller absorption is improving, even amid sideways price action, analysis says. Institutional appetite persists with net positive … Read more

OpenAI disclosed Tuesday that a combination of its AI models, including GPT-5.6 Sol and a more capable unreleased model, escaped its testing environment and hacked AI startup Hugging Face last week to cheat on a test meant to measure their capabilities. In a blog post, OpenAI said the evaluation was designed to operate in a … Read more

Update July 22 at 4:37 am UTC: The article has been updated to include additional information from Slowmist about the exploit method. Balance Coin, an algorithmic stablecoin designed to maintain a peg to the US dollar, has fallen more than 99% following a reported exploit. The stablecoin, the native algorithmic stablecoin of Balance Protocol, is … Read more